UniCredit S.p.A. (OTCMKTS:UNCFF) Forecasted to Post FY2022 Earnings of $1.87 Per Share

UniCredit S.p.A. (OTCMKTS:UNCFF) – Research analysts at Jefferies Financial Group lifted their FY2022 earnings estimates for shares of UniCredit in a research note issued to investors on Wednesday, November 24th. Jefferies Financial Group analyst B. Creelan-Sandf now expects that the financial services provider will post earnings per share of $1.87 for the year, up from their prior forecast of $1.84. Jefferies Financial Group also issued estimates for UniCredit’s FY2023 earnings at $2.15 EPS and FY2024 earnings at $2.53 EPS.

Separately, Zacks Investment Research downgraded shares of UniCredit from a “buy” rating to a “hold” rating in a research report on Wednesday, November 17th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $12.30.

UNCFF opened at $12.95 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.55. UniCredit has a 1-year low of $8.65 and a 1-year high of $14.18. The firm’s 50 day simple moving average is $13.25 and its two-hundred day simple moving average is $12.66.

About UniCredit

UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, and Central Eastern Europe segments. It offers retail, corporate, and private banking services; investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, hedging, and treasury solutions.

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Earnings History and Estimates for UniCredit (OTCMKTS:UNCFF)

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